Buy my stock now! Alibaba IPO begins IPO Roadshow pitch – Ali, Ali-listed Alibaba-IT news
Buy my stock now! Alibaba begins IPO roadshow promotion

According to the Wall Street Journal reported in its online edition, Alibaba group today IPO (initial public offering) Roadshow, recommended the stock to investors. After the Friday IPO price ranges, Alibaba's IPO today will kick off a two-week Roadshow prelude, recommended the stock to investors. But it also must solve a key problem is that investors want to buy stocks, are willing to pay the kind of prices.

Alibaba IPO road show starts in New York on Monday, Investment Bank sales personnel in the morning before IPO. Subsequently, bankers and company executives at New York's Waldorf Hotel (Waldorf Astoria) held a luncheon for investors. People familiar with the matter said, Switzerland Credit Suisse CEO Brady Dougan (Brady Dougan) will introduce investors to Alibaba's situation, followed by unlimited question and answer session. The purpose of doing this is with Facebook, among others, distinguishes the Roadshow. Facebook IPO Roadshow began to broadcast a 30-minute video, made some investors feel there is little time to ask questions.

It said some asset management company portfolio managers and analysts are working overtime at the weekend, getting ready for the road show meetings. They watch an online promotion videos for investors, such as Tencent, Baidu, Beijing East to weigh the value of Alibaba Alibaba peer valuations.

People familiar with the matter said, in order to attract investors, Alibaba has two dedicated team of bankers and executives, and named with the company's Logo color. "Orange team" by Alibaba CEO and Board of Directors Vice Chairman Tsai Lu led "red team" is led by Alibaba COO and CFO Maggie Wu Yong.

Team contains underwriters, on behalf of the company, who came from Switzerland, Morgan Stanley, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Citigroup and Rothschild. Among them, the Rothschild is responsible for coordinating communications between banks.

People familiar with the matter said, Baba, every leading investment group has designated two investment banks to facilitate private communication during the road show, avoid excess underwriters to participate in. Fidelity (Fidelity Investments), several large asset management companies have been meeting with Alibaba, met with company executives and to understand the company's goals. The past few years, there are many investors in closed session to listen Alibaba executives are introduced.

Roadshow in New York after the Alibaba executives will fly to other United States cities, including Boston, Baltimore, Denver, San Francisco and Los Angeles. United States road show ended, Alibaba has moved to Hong Kong, Singapore. People familiar with the matter said, some representatives may also visit the Middle East.

Alibaba IPO Roadshow is expected to end on September 18. If the Roadshow really can end as scheduled, Alibaba will determine the IPO offering price that night, next day stock trading on the New York Stock Exchange, ticker symbol "BABA".